AI companies are getting down to earth
Known for its computer vision technologies, Megvii has evolved into an AI+IoT (“AIoT”) all-in company, pivoting its competitive advantages, or what a strategist calls a moat, from the increasingly available facial-recognition technologies to the emerging battleground. Once again, as a trailblazer, Megvii takes on a less travelled track and explored new frontiers in technology, product, and business. The researchers and experts at Megvii have now managed to navigate their clientele through the jungle of new acronyms and pitfalls while identifying, analysing, and tackling barriers along the way with AIoT (yet another new acronym), which is a rare-to-find offer even on a global scale. Perhaps, for the first time, there is a real opportunity to bring digital transformation down to earth with AI technologies.
Megvii Automation and Robotics is a subsidiary of Megvii and focused on providing automation and robotics solutions for various industries, including manufacturing, logistics, and supply chain management.
Main Product:3D Pallet Shuttle
3D pallet shuttle system has the potential to increase capacity, improve space utilization, reduce energy consumption and CO2 emissions and more productive, whether it’s in a distribution center or automated warehouse.
Main Product:AMR
The MegBot series of autonomous mobile robots developed by Megvii is a range of robotics that are designed to provide flexible solutions for industrial and commercial logistics scenarios. By integrating advanced AI algorithms such as machine vision, computer vision, and SLAM, these robots are able to navigate through complex and dynamic environments with high precision, detect and avoid obstacles, and execute a range of tasks autonomously.
Megvii’s AMRs can integrate with high-performance systems and technologies such as transportation, sorting, and order sorting to further upgrade the entire process of warehouse automation and realize intelligent warehouse management and supply chain efficiency optimization.
Main Product:Megvii HETU
Powered by a range of industry-leading AI algorithms, Megvii Hetu is a robotics and IoT operating system for supply chain IoT. The innovative system is a highly efficient and intelligent software system designed for large-scale 3D pallet shuttle and AMR operation. It excels in scheduling and algorithm optimization, providing real-time dynamic problem solving and task coordination at the minimum cost to achieve efficient resource allocation.
Megvii HETU seamlessly integrates with various third-party hardware devices and provides standard software interfaces and protocols for different scenarios, enabling highly efficient and accurate execution of complex combination storage tasks. This makes the system highly beneficial for optimizing warehouse operations and reducing costs for businesses.
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In the past few years, Megvii has prioritised the recruitment of both domain experts and AI algorithm masterminds, while encouraging them to collaborate. Taking the logistics industry as an example, Megvii identified and took on leading veterans with twenty to thirty years of industry experience and the ambition to make a change with technology. Only with a team which combines innovation with practicality and allows the two kinds of minds working together, was Megvii able to become “the AI company that understands logistics the best".
Now, AI professionals are no longer coders who sit in front of a keyboard day and night. Many of them are in the field with customers every day to identify and solve problems in person. The combination of engineering R&D and technology R&D can truly accelerate the adoption of lab-born technologies and create real business values. When AI professionals get down to earth and set their best foot forward, technologies can take root and sprout.
AI companies are getting down to earth
Recently, Megvii helped a Wuxi-based clothing retail chain to improve their logistics operation. The company suffered from daily inefficiencies and inventory backlog because their traditional manual operations failed to keep up with the company’s development. This was especially evident during the peak seasons when the daily shipment was incredibly busy, yet the warehousing and shipping still heavily relied on skilled workers. This was not only inefficient, but also problematic to secure enough manpower during the peak seasons, which slowed down the business.
To tackle this challenge, Megvii created a customised smart logistics solution based on a three-dimensionally automated warehouse, in accordance with the industry’ s features and the company’s needs.
Under the careful scheduling of HETU , Megvii's comprehensive supply chain IoT operating system, the new logistics centre automated and digitalised warehousing, shelving, storage, distribution, review, and collection across its product lines. Since the logistics centre went live, the company has increased its daily shipment by five times, its warehouse space utilisation by three times, and reduced its staffing by forty per cent, which greatly reduced the labour intensity of workers and significantly improved efficiency.
Enhance all partners experience through AI & automation project-based support to grow their business.
In Megvii's view, algorithms will be dominant in the next decade and become the most fundamental propulsion behind cost efficiency improvement for every industry. Therefore, after clarifying the strategic direction of "AI+IoT", Megvii uses its own capabilities to harness the value of AI. Through Brain++, Megvii’s proprietary AI productivity platform, the company leverages an “industrial production” mode to secure algorithm supply. Through building an integrated AIoT product system of software and hardware, Megvii realises large-scale deployment and application of its products and solutions. Meanwhile, through defining and focusing on three key business pillars, namely consumer IoT, city IoT and supply chain IoT, the company releases the full potential of AI.
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Website: https://en-robotics.megvii.com/
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